GREATER EFFORTS NEEDED TO TACKLE INEFFICIENT PROJECTS
Greater efforts and determination were needed to thoroughly tackle stagnant State-owned projects and create new resources and motivation to revive these projects and enable them to promote the country’s economic development.
MEASURES SOUGHT TO SUPPORT BUSINESSES IN EXPANDING FOREIGN TRADE
The Ministry of Industry and Trade (MoIT) on April 5 held a conference to evaluate trade promotion activities in the first quarter of this year and seek ways to help localities, economic sectors and businesses surmount difficulties and build strategies to expand international trade activities in the new situation.
BUSINESSES CONTINUE TO STRUGGLE WITH PETROL PRICES
Retail petrol prices fell by more than VNĐ1,000 per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the retail price of RON95 bio-fuel dropped by VNĐ1,039 to a maximum of VNĐ28,153 (US$1.23) per litre, while E5RON92 was adjusted down by VNĐ1,021 to no more than VNĐ27,309 per litre.
VIETNAM EXPECTED TO WITNESS STRONGER SOCIO-ECONOMIC DEVELOPMENT IN Q2: PM
Prime Minister Pham Minh Chinh has expressed his belief that Vietnam will record stronger, more effective, and more sustainable socio-economic development in the second quarter of 2022.
CPI UP 0.7 PERCENT IN MARCH
Increases in petrol prices, and those of food, food stuff, restaurant food and public transport services led to a rise of 0.7 percent in the consumer price index (CPI) in March compared to that of the previous month.
VIETNAM’S GDP UP 5.03 PERCENT IN FIRST QUARTER
Vietnam’s Gross Domestic Product (GDP) in the first quarter of this year was estimated to increase 5.03 percent year-on-year, higher than the 4.72 percent growth rate in the same period last year, according to the General Statistics Office (GSO).
COVID-19 VACCINE PASSPORT TO BE ISSUED NATIONWIDE
Digital Covid-19 vaccine passport with personal details and vaccination information will be issued nationwide after a trial period.
FOREIGN INVESTMENT IN VIETNAM CONTINUES BOUNCING BACK
Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.
